Sound Point Acquisition Performance
| SPCMWDelisted Stock | USD 0.01 0.03 87.25% |
The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sound Point's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sound Point is expected to be smaller as well. Sound Point Acquisition right now has a risk of 0.0%. Please validate Sound Point semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if Sound Point will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Sound Point Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable primary indicators, Sound Point is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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Sound Point Relative Risk vs. Return Landscape
If you would invest 0.51 in Sound Point Acquisition on September 16, 2024 and sell it today you would earn a total of 0.00 from holding Sound Point Acquisition or generate 0.0% return on investment over 90 days. Sound Point Acquisition is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Sound, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sound Point Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Point's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sound Point Acquisition, and traders can use it to determine the average amount a Sound Point's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Sound Point is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sound Point by adding Sound Point to a well-diversified portfolio.
Sound Point Fundamentals Growth
Sound Stock prices reflect investors' perceptions of the future prospects and financial health of Sound Point, and Sound Point fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sound Stock performance.
| Cash And Equivalents | 25 K | |||
| Total Debt | 10 K | |||
| Book Value Per Share | 0 X | |||
| Total Asset | 271.47 M | |||
| Retained Earnings | (10.85 M) | |||
About Sound Point Performance
Evaluating Sound Point's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sound Point has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sound Point has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Sound Point Acquisition Corp I, Ltd focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York. Sound Point is traded on NASDAQ Exchange in the United States.Things to note about Sound Point Acquisition performance evaluation
Checking the ongoing alerts about Sound Point for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sound Point Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sound Point is not yet fully synchronised with the market data | |
| Sound Point has some characteristics of a very speculative penny stock | |
| Sound Point has a very high chance of going through financial distress in the upcoming years | |
| Sound Point Acquisition has accumulated 10 K in total debt. Sound Point Acquisition has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Sound Point's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (20.86 K) with profit before overhead, payroll, taxes, and interest of 0. |
- Analyzing Sound Point's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sound Point's stock is overvalued or undervalued compared to its peers.
- Examining Sound Point's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sound Point's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sound Point's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sound Point's stock. These opinions can provide insight into Sound Point's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Sound Stock
If you are still planning to invest in Sound Point Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sound Point's history and understand the potential risks before investing.
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